XRP Price Today (July 29): Why is XRP Up Today? Crypto Market Recovers Ahead of Fed Policy Decision as Lower Treasury Yields - Check Latest Prices in USD, INR, GBP, Euro and JPY
India, July 29 -- XRP traded higher on Wednesday, July 29, as improving sentiment across the cryptocurrency market helped the token recover from recent losses. Investors cautiously returned to digital assets ahead of the U.S. Federal Reserve's interest rate decision, while softer Treasury yields and a weaker U.S. dollar supported demand for risk assets. Despite remaining lower than last week's levels, XRP posted modest intraday gains as institutional interest and growing activity on the XRP Ledger continued to provide long-term support.
However, traders remain alert to policy uncertainty and technical resistance levels that could determine the token's next move.
XRP Price Today (29 July)
XRP was trading near $1.08 on Wednesday, July 29...
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